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Friday, July 13, 2018

Allegany County Office of Development July Report

July 2018 Report

Angela McKay
-Assistant Director of Economic Development and Planning started work Long Term Projects

Crossroads project
-Still working with Empire State development (ESD) on incentives.
-Developers confirmed to be ready when incentive is finished.
-Construction starting in the Fall 2018 depends on ESD incentives.

Waterline
-Water line moved to assure easements are acceptable to landowners.

-Continue to work with Engineer for the 2018 construction.
-Friendship continues to work cooperatively on project.

GE Lufkin facility

-Allegany County Industrial Development Agency (ACIDA) Pilot with PM Research for signing.

Bioenergy Development and Commercialization Center (BDCC)
-BDCC now has state and federal funding for $12.4 million required for the project.
-Discussing additional partners for the project. -Talking to SUNY College of Environmental Science and Forestry and Sunstrand Sustainable materials in Louisville, Kentucky.

-Finalizing Memorandum of Understanding on the last $6.6 million needed for the project.

ANGEL fund 
-Continue to have regular meetings on progress.
-Looking for investors to fund up to $1 million.-Plan is to have shares of the fund available in the fall.


SIEMENS – Dresser Rand

-Continue to talk to ESD, local, state, and federal legislators on project.
-Continue to talk to SIEMENS and Curtis Wright on future prospects.

Travel

-At the Community Colleges of Appalachia Conference, June 10-12 – elected to Chair of the Board.

-Attended Select USA, June 20-22, 2018 conference in Washington, DC to attract foreign investments.

-Met with Sunstrand sustainable materials and First Build in Louisville, Kentucky.

Meetings 
Invest Buffalo Niagara Board meeting attended June 7th in Buffalo.

Advertising

Three Expansion Solutions Magazine ads 
-Ad in July Issue was placed.
-Focusing on manufacturing, distribution, and advanced manufacturing.
-Results in leads when they attend trade shows.

Digital Advertising
-Reviewing for future plans for digital marketing.

Marketing
-Recent article on economic development discussed Maker City visit in weekend newspaper.
-Site Selectors have proposal for next phase to attract companies to the county.

-We respond to notices from Invest Buffalo Niagara when they are looking for property and leads for companies that want to reside in Western NY.

-Continuing to develop the list of potential buildings and land for development in the county. 
-The Downtown Revitalization Initiative grant for Alfred submitted.
-Continued work with the Seneca Nation on filling the Tracewell facility near Cuba.
-Maker City recommended Allegany County Economic Development Committee to develop a program to engage students and alumni at the three colleges regarding employment and economic development in Allegany County.
-Young Professionals group to restart as part of the Maker City report and be part of the Allegany County Economic Development Committee.
Maker City

-Project funded by the Allegany County Economic Steering Committee. 
-Innovation based economic development to renew and reinvent local economies.
-Meeting took place May 16-18, 2018.
-Report was reviewed, to include additional work on Branding, Young Professionals, Improving Communities, and Developing Entrepreneurship culture working with the community.